FleetBoston Removes
Portfolio Managers

By

John Hechinger Staff Reporter of The Wall Street Journal

Updated March 5, 2004 12:01 a.m. ET

BOSTON -- FleetBoston Financial Corp.'s mutual-fund unit disclosed that it had replaced three portfolio managers whose roles had been mentioned by regulators in recent charges against the company related to the mutual fund share trading scandal.

In regulatory filings, FleetBoston's Columbia Funds unit revealed that Christopher Legallet, a manager of Columbia Newport Tiger and other international funds; Kurt Havnaer, a manager of...